Phyllis E.
Can we get financing for flip if most of our income is from mutual funds?
Hello. This is my first post to any of this website's forums. My husband and I are seriously considering buying a house to rehab and flip as a start to a real estate investment business. (Love the helpful podcasts he...
Doug Hall
Qualifications for solo 401k
I am wanting to set up a solo 401k. I understand to be able to do that I have to have a business entity. I have 2 rental properties. If I set up an LLC and roll the houses into that, would this qualify as the busin...
Huong Luu
Capital gains treatment of B&H rental under personal name
Looking for some clarification on this. I was recently told by a financial adviser (who is not an active RE investor) that the capital gains on my rental property would be taxed at 100% and would not qualify for the c...
Jose Laffitte
Selling property in a different state
Hello all,I have a question about taxes on a property you sell in a different state. For example my W2 job and my LLC are both in Florida but let's say I buy and flip a property in Georgia are those taxes settled at t...
Jessica Lamont
Can she get kicked off Social Security for being on the LLC?
Help! I have my mom on our LLC because of her great credit. We fix and flip and now looking to do a cash out refi on a rental we have. She has the better credit, so lender wants to use just her. Will this affect her s...
Chris Kendrick
New investors alert
Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...
Fred Boyle III
never too late to invest in real estate
I had 1 rental property in the past, thought this would be the starter rental to my portfolio ended up being a money pit and drove me away from real estate investing. want to get to a point that I am living off unear...
Raj G.
Solo 401(K) want to invest in Real Estate
Hi, I need to open a solo 401(k), buy my concern is I want to invest in real estate, then do I need to go for Solo 401(k) with check control or I can do this without check control also.also which brokerage help me fo...
Denise Frazier
IRA that is not Self directed to purchase rental tax question.
So I bought a property using money from an old IRA. I didn't do the self directed since it was only $20K. The setup cost along with the yearly fee would be more than the 2k penalty for using the money. Here's my quest...
Rahul Mittal
Refinancing as a Foreigner
Hello All, I am an architect living in Singapore for the past 5 years. Prior to that, I lived in the Chicago area and own a condominium there since 2007. At the time of the purchase, the interest rates in U.S. were on...